How much does it cost to file a patent? Patent Consultants & Agents in Bangalore - PowerPoint PPT Presentation

About This Presentation
Title:

How much does it cost to file a patent? Patent Consultants & Agents in Bangalore

Description:

Call at 91-80-39275505 or Email: info@inolyst.com, for file a patent, Patent Agents & Patent consultants in Bangalore & How much does it cost to file a patent? – PowerPoint PPT presentation

Number of Views:51

less

Transcript and Presenter's Notes

Title: How much does it cost to file a patent? Patent Consultants & Agents in Bangalore


1
How much does it cost to file a patent?
2
Two simple ways to get your idea patented
  • Method 1
  • Write and file your own patent application
  • Method 2
  • Engage a patent consultant or patent agent to
    document and file the application

3
Filing a patent incurs other costs also!
  • When you choose to document and file your own
    application, the cost of filing a patent
    application is at the lower side. In this
    instance you need to pay fees pertaining to the
    respective PTOs only.
  • Filing a patent incurs other costs also. The
    above instance is only one part of it.
    Understanding the fees structure according to the
    nature and need of filing of the patent, can help
    you as owner or inventor take correct strategic
    decision. So, a clear breakdown of the elements
    that constitute the entire cost factor will
    definitely help you plan the expenditure, which
    you have to shell out at the initial stage as
    well as the later stage.

4
Drafting a patent application
  • By now you should be aware that the most
    essential factor associated with patent filing is
    the specifications of the invention mentioned in
    the draft. So, one must understand that drafting
    a patent application is a highly skilled and
    training driven job. Though you can do the
    writing of the specification from your end, yet a
    specialist is always recommended. This is mainly
    because a professional drafter has both technical
    as well as legal expertise, which is important
    when you compile the invention in question.
  • As mentioned before cost of filing depends on the
    drafting of the application. So, if you go for a
    provisional patent, the costing will be less. But
    if you go for non-provisional/ regular patent the
    total costing goes up considerably. This is again
    based on the specification detailing done at the
    drafting level.

5
Cost of patent filing
  • The overall cost of a patent filing in US or
    India for instance would consist of statutory
    fees i.e to be paid at the patent office and the
    professional fees that you pay to the patent
    agent. In the former case, the rate is fixed, but
    in the latter the fee varies based on the service
    provide selected by you.
  • Lets now focus on the statutory fees. This is
    dependent on the applicant of the patent. For
    example, the Indian Patent Office has divided
    this whole process into three parts, such as
  • Natural person (individual inventor only)
  • Small Entity
  • Others except small entity

6
Cost of patent filing
  • When we talk about legal entities like an
    organization or company would come under the
    classification of small entity or others except
    small entity. Therefore, if a patent application
    has more than one inventor name it may not fall
    under the first category. So, automatically it is
    the next two options that would be considered
    while filing an application.
  • Next time you want to file a patent remember to
    plan your costing, since a start up mostly runs
    on a tight budget.
Write a Comment
User Comments (0)
About PowerShow.com